D. E. Shaw & Co. Inc. bought a new position in Affimed NV (NASDAQ:AFMD) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 11,691 shares of the biopharmaceutical company’s stock, valued at approximately $36,000.

A number of other institutional investors have also recently modified their holdings of AFMD. FMR LLC bought a new position in Affimed in the 3rd quarter worth $5,552,000. Stonepine Capital Management LLC bought a new position in shares of Affimed during the 4th quarter valued at about $2,221,000. Telemetry Investments L.L.C. boosted its holdings in shares of Affimed by 127.9% during the 4th quarter. Telemetry Investments L.L.C. now owns 425,398 shares of the biopharmaceutical company’s stock valued at $1,323,000 after purchasing an additional 238,719 shares during the last quarter. Bellevue Group AG bought a new position in shares of Affimed during the 4th quarter valued at about $529,000. Finally, Keybank National Association OH bought a new position in shares of Affimed during the 4th quarter valued at about $218,000. 41.06% of the stock is owned by institutional investors.

Several research analysts have commented on the stock. Zacks Investment Research raised shares of Affimed from a “hold” rating to a “buy” rating and set a $4.75 price objective for the company in a report on Friday, April 12th. ValuEngine downgraded shares of Affimed from a “buy” rating to a “hold” rating in a report on Friday, March 29th. Svb Leerink assumed coverage on shares of Affimed in a report on Thursday, March 28th. They set an “outperform” rating and a $8.00 price objective for the company. Finally, Leerink Swann assumed coverage on shares of Affimed in a report on Thursday, March 28th. They set an “outperform” rating and a $4.17 price objective for the company. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Affimed has an average rating of “Buy” and an average target price of $5.15.

AFMD opened at $3.35 on Friday. Affimed NV has a 52 week low of $1.40 and a 52 week high of $7.35. The stock has a market cap of $209.01 million, a price-to-earnings ratio of -8.82 and a beta of 3.41. The company has a quick ratio of 3.00, a current ratio of 3.01 and a debt-to-equity ratio of 0.04.

Affimed (NASDAQ:AFMD) last released its quarterly earnings data on Wednesday, March 27th. The biopharmaceutical company reported $0.17 EPS for the quarter, beating the consensus estimate of ($0.17) by $0.34. Affimed had a negative net margin of 87.00% and a negative return on equity of 44.56%. The business had revenue of $25.96 million during the quarter. On average, sell-side analysts forecast that Affimed NV will post -0.48 EPS for the current fiscal year.

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Affimed Profile

Affimed N.V., a clinical-stage biopharmaceutical company, focuses on discovering and developing cancer immunotherapies in the United States, Europe, and Germany. Its lead candidate is AFM13, a natural killer cell (NK-cell) TandAb, which is in Phase 2a clinical study of relapsed CD30-positive lymphoma and Phase 1b clinical study of anti-PD-1 antibody Keytruda (pembrolizumab) in patients with relapsed Hodgkin lymphoma.

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Institutional Ownership by Quarter for Affimed (NASDAQ:AFMD)

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